Amazon (AMZN) Has Just Given Supermarkets A Reason To Be Terrified

Posted on

The supermarket industry could be ready for a big shake up with Amazon planning to start opening their own physical grocery stores.

According to the Wall Street Journal who has cited sources, the stores are known internally as Project Como. They will be small and stocked only with fresh items like meat, milk, and produce.

According to the report, customers will be able to order items that have longer shelf lives, such as cereal and peanut butter, through a mobile app or from touch screens around the stores.

The online retail giant is even planning on opening drive-in location where customers can pick up groceries that they ordered online.

According to the journal, groceries will be delivered to customers’ cars by employees using a license-plate reading technology meant to speed up wait times.

Disclaimer: We have no position in Amazon.com, Inc. (NASDAQ: AMZN) and have not been compensated for this article.

Daily updates